Current account Balance for CZ

Base Model

SETAR Model
## Using maximum autoregressive order for low regime: mL = 3
## Using maximum autoregressive order for high regime: mH = 3
## Searching on 73 possible threshold values within regimes with sufficient ( 15% ) number of observations
## Searching on 657 combinations of thresholds ( 73 ), thDelay ( 1 ), mL ( 3 ) and MM ( 3 )

## Results of the grid search for 1 threshold
## thDelay mL mH th pooled-AIC
## 1 0 2 3 -1.169727 462.1449
## 2 0 1 3 -1.169727 462.4262
## 3 0 2 3 -1.232575 462.9145
## 4 0 1 3 -1.232575 463.0410
## 5 0 2 3 -1.309323 463.5858
## 6 0 1 3 -1.309323 463.6949
## 7 0 3 3 -1.169727 464.1346
## 8 0 1 3 -1.415876 464.5440
## 9 0 2 3 -1.415876 464.7827
## 10 0 3 3 -1.232575 464.9005